When Supply Is Perfectly Elastic,the Value of the Price Elasticity

question 18

Multiple Choice

When supply is perfectly elastic,the value of the price elasticity of supply is

• A)0.
• B)1.
• C)greater than 0 and less than 1.
• D)infinity.

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Definitions:

Salivary Gland

Exocrine glands located in the mouth that produce saliva, aiding in digestion and oral hygiene.

Canine

A tooth located between the incisors and premolars, pointed in shape and used for tearing food.

Premolar

A type of tooth located between the canine teeth and molars in the mouth, used for crushing and grinding food.

Incisor

A front tooth specialized in cutting food, found in both the upper and lower jaws of mammals.